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Zimbabwe's Industry Minister Welshman Ncube says the delay in finalizing the ZISCO and Essar Africa Holdings deal is worrying the Zimbabwe Iron and Steel Company's Germany and Chinese creditors who should have started receiving their payments had the deal ...
May 28, 2012 at 19:49 | Source: Voice of America
Construction of Minnesota’s first new iron-ore mining and taconite plant operations in 35 years continues near Nashwauk, with work beginning this week on a tailings basin for Essar Steel Minnesota. The tailings basin will hold the liquid ...
May 24, 2012 at 01:10 | Source: Duluth News Tribune
Essar Steel has been awarded the ‘Platinum Award’, the highest award in the category by Caterpillar's 'Supplier Quality Excellence Program'. Essar Steel had previously won the bronze award in 2008 followed by the Gold Award for two consecutive years in ...
May 25, 2012 at 04:58 | Source: SteelGuru
ESSAR Africa has initiated a management reshuffle at Ziscosteel in a move, observers say, signals the company’s anxiety over delays in completing its US$750 million acquisition of the Redcliff-based steel maker. A company spokesman confirmed from Indian ...
May 22, 2012 at 00:15 | Source: New Zimbabwe.com
This includes boosting steel making capacity at the Essar Steel Ltd plant in Hazira besides stepping up cargo handling at its port, for which the land is being sought. Essar Steel wants to increase its capacity from the recently ramped up 10 ...
May 22, 2012 at 17:26 | Source: Livemint.com
ESSAR Holdings, the majority shareholder in New- Zimsteel, has struck a deal to lease Zesa's Munyati power station to ensure reliable electricity supplies to its Redcliff steel plant, a Cabinet minister has said. Industry and Commerce Minister Welshman ...
May 17, 2012 at 12:17 | Source: AllAfrica.com
Ghaziabad (Uttar Pradesh), May 18 : Essar Steel's retail distribution division, Essar Hypermart, is expecting to sell one million tonnes of steel products through its network of sales points. "We are targeting sales of one million tonnes this fiscal.
May 18, 2012 at 13:42 | Source: New Kerala
Essar acquired the collapsed Ziscosteel, now renamed NewZim Steel more than a year ago for about US$750 million and committed to investing billion of dollars to turnaround the company which has not been productive since 2009. But secure power supplies had ...
May 17, 2012 at 10:08 | Source: New Zimbabwe.com
Since winning a contract to build a breakwater at the Chennai port in southern India, they have rapidly expanded the group to include shipping, steel, refining, power and telecoms. Group company Essar Energy raised nearly $2 billion in a London ...
May 25, 2012 at 12:14 | Source: Reuters UK
Government and Essar reached an agreement in March last year in which the Indian firm acquired a 60% stake in Ziscosteel to form a new company, NewZim Steel Ltd. Essar also acquired 80% of Buchwa Iron Mining Company (Bimco) to form NewZim Minerals Ltd ...
May 24, 2012 at 10:43 | Source: Zimbabwe Independent